Press Releases

A ‘Game-Changer’

You may have already heard the news, but yesterday Foxconn officially announced its intent to open a facility in southeastern Wisconsin, creating thousands of good jobs right here in our community. As Paul said, this is a ‘game-changer.’ That’s why he was so interested helping this proposal become a reality.

This project is a huge win for Wisconsin, and the First District in particular. So in case you missed it, here’s some of the coverage:

Wisconsin State Journal: Ryan’s office said in a statement that since June, Ryan has worked with Foxconn officials and governmental officials, including Trump and Priebus, to bring Foxconn to his district. “Foxconn had potential sites across the country, but the speaker persistently and effectively made the case for Wisconsin and its workers,” the statement said.

Bloomberg: The factory, which will produce LCD display monitors, will open in the home district of House Speaker Paul Ryan, a Wisconsin Republican who personally lobbied Trump and White House chief of staff Reince Priebus to help secure the plant. The White House’s Office of Innovation, led by Trump’s son-in-law Jared Kushner, led administration efforts to land the $10 billion facility, according to a White House official who requested anonymity to discuss the deal before the announcement.

Cap Times: The deal is the result of a "tremendous team effort" involving Walker, Ryan, President Donald Trump, the White House Office of American Innovation, senior adviser Jared Kushner, chief of staff and Kenosha native Reince Priebus . . . Foxconn is best known for manufacturing Apple iPhones. The Wisconsin facility will produce liquid-crystal display, or LCD panels.

Racine Journal Times: House Speaker Paul Ryan said the company will benefit from Wisconsin workers, who he said are “the best in the world.” Ryan, who represents Racine County in Congress, and his staff met several times with Foxconn executives, Walker, state officials and the Trump administration to help make the deal happen, according to Ryan's office.

WisPolitics: According to a fact sheet . . . the credits would include: up to $1.5 billion in state income tax credits tied to job creation, up to $1.35 billion in state income tax credits for capital investment and a sales and use tax exemption of up to $150 million. Walker’s office says a special session of the Legislature would be needed to approve the incentive package.

Milwaukee Journal Sentinel: U.S. House Speaker Paul Ryan, whose district in southeastern Wisconsin would be home to the facility, praised Trump and Walker for working to make it happen, calling the plant a "game changer."